Mahindra EPC Irrigation Limited has informed the Exchange regarding a press release dated April 23, 2026, titled "Intimation of Press Release under Regulation 30 and 33 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015".
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Mahindra EPC Irrigation Limited has announced its FY26 audited financial results for the year ended March 31, 2026. The company achieved its highest-ever revenue of ₹315.79 crore, marking a 14.5% year-on-year growth from ₹275.09 crore in FY25. Profit before tax surged 58.5% to ₹16.99 crore, while profit after tax jumped 76% to ₹12.69 crore. Despite challenges including delayed government fund releases, uneven rainfall patterns, and geopolitical headwinds affecting input costs, the company delivered strong performance by shifting towards non-subsidy business avenues and managing concentration risks in core states. The company also built a robust work-order pipeline for irrigation projects.
The sharp improvement in profitability margins and double-digit revenue growth signals strong operational efficiency, which could be positive for shareholders. The reduction in GST on micro-irrigation systems and increased government focus on expanding micro-irrigation coverage provide a favourable outlook for future growth.